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Pete’s Fresh Market founder trying again to sell Gold Coast mansion for $19M

The home, originally built in 1888, is now one of Chicago’s priciest luxury residential offerings

Baird & Warner's Millie Rosenbloom with 915 North Dearborn Street (Getty, Baird & Warner, Google Maps)
Baird & Warner's Millie Rosenbloom with 915 North Dearborn Street (Getty, Baird & Warner, Google Maps)
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Key Points

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This summary is reviewed by TRD Staff.

  • A historic Gold Coast mansion, known as the Thompson House, is back on the market in a private listing for $18.5 million.
  • The mansion, owned by Jimmy Dremonas, is 13,400 square feet, has six bedrooms and seven bathrooms, and underwent a $7 million renovation after he purchased it in 2009.

An historic Gold Coast mansion is back on the market in Chicago in a private listing asking $18.5 million, placing it among the city’s priciest listings. 

The 13,400-square-foot mansion, located at 915 North Dearborn Street, is known as the Thompson House and has more than a century of history in Chicago. 

The seller of the six-bedroom, seven-bathroom mansion is Jimmy Dremonas, owner of the Pete’s Fresh Markets grocery retailer, which has multiple locations in the city and surrounding suburbs. Dremonas first put the home on the market back in 2018, asking a whopping $21.9 million.

The home was later removed from the market and at least some of its space — perhaps its carriage house — listed for rent at a rate of $2,000 per month and, later, $4,000 per month, according to public listing information. It was last listed for sale publicly in July of 2019 at $19.5 million, but the listing was removed the following spring.

Now, Dremonas is seeking $18.5 million for the home, or about $1,380 per square foot. The private listing’s price tag makes it the second-priciest of any Chicago home listed publicly.

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The mansion was built in 1888 by the architects behind the Chicago Opera House, according to a website used to market the property. It was an office for the Scottish Rite Cathedral from 1938 to 2006, receiving an historic landmark designation in 2003.

The home was last sold in 2009 to Dremonas for a little more than $3 million, records show. In 2009, “millions of dollars” were invested into the mansion, renovating it to “preserve the original features while breathing new life into the home,” the home’s listing agent, Millie Rosenbloom of Baird & Warner, said in a recent social media post. The total renovation cost was about $7 million, according to a 2018 Chicago Tribune report.

Rosenbloom declined to comment on the listing Thursday. During Dremonas’ previous attempt to sell, Coldwell Banker was the original listing brokerage.

Its latest listing includes the mansion, attached three-car garage and a one-bedroom carriage house next door.

Cook County tax officials have pegged the property’s value as high as $6.5 million in 2019, but have since lowered it to $4.8 million in its most recent assessments, public records show. Last year’s tax bill at the property was a little more than $100,300, records show.

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Residential
Chicago
Historic Gold Coast home hits the market for $22M
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